Property Tax in Trinidad & Tobago

[zoom rader]

i go tax yuh

Dogs waiting for your skunt and the likes of you .

You lot are bandits setting up peoples homes.

[ProtonPowder]

love you too

[88sins]

So, wait, lemme see if I understand this madness correctly.
In this hard af time of economic contraction where people losing their jobs left and right, the ministry of fine ants under the direction of clown inbutt has ordered the valuations division to use property sale prices as listed when you pay stamp duty to form a guesstimate of what they feel your property could rent for according to what you paid for it. And he eh seeing the defect in that. Allyuh feel they kinda want that money in joke. The man want it so bad like he salivating just thinking about it.
One would think that if you are smart enough to qualify to be a minister in government, at the very least you would know the difference between buying and renting, and understand that something might cost a lot to buy but not be able to fetch much rent. Yuh might pay 6 million for a house on 50 acres in in d bush behind Erin, but how much rent you really yuh could get for it if nobody wants to live that far in d bush

Seriously tho, think about it
If less than 50% of all property owners filed and submitted data after all this time, even after he technically deceived the population about it being mandatory to submit the information they wanted when it wasn't in an effort to panic people into submitting information, that means that more than half of the population doesn't support this proposed property tax. That's means, the majority of the property owning population does not want this. So other than these people being arseholes and money hungry parasites, what is their reasoning for forcing this on the people? Besides the usual "we need to do dis cuz we need d mornee cuz we eh ha no mornee" song?

[screwbash]

karma is a beyotch. they retard leader call the hindu schools cow sheds and most doctors and big lawyers came out of there today, even minister of works probably come out of one and he driving 2 mil $ car and have paper. they wanna create ah indian tax let them go ahead and you will see the indian community will prosper more while they own become more criminals and burdens to society.

[screwbash]

So, wait, lemme see if I understand this madness correctly.
In this hard af time of economic contraction where people losing their jobs left and right, the ministry of fine ants under the direction of clown inbutt has ordered the valuations division to use property sale prices as listed when you pay stamp duty to form a guesstimate of what they feel your property could rent for according to what you paid for it. And he eh seeing the defect in that. Allyuh feel they kinda want that money in joke. The man want it so bad like he salivating just thinking about it.
One would think that if you are smart enough to qualify to be a minister in government, at the very least you would know the difference between buying and renting, and understand that something might cost a lot to buy but not be able to fetch much rent. Yuh might pay 6 million for a house on 50 acres in in d bush behind Erin, but how much rent you really yuh could get for it if nobody wants to live that far in d bush

Seriously tho, think about it
If less than 50% of all property owners filed and submitted data after all this time, even after he technically deceived the population about it being mandatory to submit the information they wanted when it wasn't in an effort to panic people into submitting information, that means that more than half of the population doesn't support this proposed property tax. That's means, the majority of the property owning population does not want this. So other than these people being arseholes and money hungry parasites, what is their reasoning for forcing this on the people? Besides the usual "we need to do dis cuz we need d mornee cuz we eh ha no mornee" song?

with pnm style of government which is like obama style where the govt creates the agenda and decides what to do to the counrty either bad or good to their advantage.
the unc which is like trump style where the business chambers dictate to the govt how the economy should be run and it is a business model of governance with the govt implementing the social services side of the model.
this is y all business tend to prosper in the UNC type of governance but in the PNM style only a few big business prosper and they all belong to the 1% such as what goin on in movie town central now and in el socorro south where swamp land and the caroni reserve is being backfilled and the 1% given the land to build big business. take a drive behind rotoplastic and see f you not stopped by the big boys. the big chain supermarket getting USD but car dealers sucking the economy. you as a small business owner cant skybox items without getting raped by customs but them 1% distrbutor in el socorro south behind wasa probaby on some garden land the govt seize and them getting usd to bring nonsense in and overcharge people with attitude. eric williams created the black dependency syndrome to get votes after he give away the oil for 100 years an the new public utility minister wanna say unc extend the desalcot water agreement to 2035 and wasa hadda pay that bill, y he aint say wasa hadda pay that bill even tho his govt kill point lisas

[maj. tom]

Hosein: Illegal procedures used for property valuations

Government’s Valuation Division is using illegal procedures to assess people’s properties such as use of stamp duty and also having assessors standing outside properties on the curb taking pictures to assess the property’s fixtures and facets, UNC MP Barataria San Juan MP Saddam Hosein said yesterday.

Hosein, an attorney stressed the point during yesterday’s Parliament debate of the 2021 Budget. He slammed the division’s modus operandi of doing property tax valuation. Government has said the tax will be collected this fiscal year.

Hosein noted a September 4 memo from the acting Valuation Division head directing ramping- up of exercises to populate the property rolls. When half of the rolls are populated the tax can be collected.

But Hosein said it was illegal for Valuation to use as a short cut, the stamp duty on people’s deeds to assess the tax.

“You can’t use stamp duty to assess property tax. It’s two different bases. One is determined on market value and the other (tax is assessed on annual rateable value.”

He said Valuation, in using stamp duty assessment was putting values on properties without people completing valuation return forms which is a requirement under the law.

Hosein said another August 20 Valuation document states conditions for Valuation officers to go out and take information on people’s properties.

But this involves officers taking photos of people’s homes from the pavement, doing GPS co-ordinates, assessing how many toilets people have, how many pools, carports, beams, sheds, columns, air conditioning units and the dates of the building’s construction.

“This is illegal, they have to do the proper valuation for people for them to get what is required to pay the tax,” Hosein said, appealing for Government to hold its hand on the tax in the harsh economic environment.

He also criticised Prime Minister Dr Keith Rowley’s general election “griping” about a UNC plan to use Unit Trust Corporation (UTC) funds to run T&T.

He said Rowley didn’t know what was going on in his team since the Recovery Roadmap Phase 2 report recommends using $3 billion from the UTC to fund expenditure for three months.

“And it’s the same UTC…. this is hypocrisy,” he said.

Questioning the cost of the changeover to the $100 polymer notes, Hosein noted that $8 billion in old notes had been in circulation and only $7.5 billion was received to be exchanged for polymer. He said no one was charged for issues with old notes and questioned a PNM election advertisement with a piggybank, involving the use of old $100 notes.

Hosein slammed allocation cuts for the T&T Police Service which he said would affect service at a time when 2019 held the record for the most murders.

“They also cut $20 million from TTPS vehicle repair funding but allocated more to repairing President’s House, the PM’s residence in Tobago and other buildings; they have a TTPS Mobile Command Centre without vehicles but sometimes the comedy writes itself because there’s Coast Guard that can’t sail and Air Guard that can’t fly.”

Hosein also called for Government to say what will occur when the extension of registered Venezuelans is over in December, “We’re recently seen a spike in missing teenagers.

Dismissing the 2021 Budget as tedious, repetitive and boring, Hosein said the Finance Minister had shifted from once saying he “did it his way” to “blaming COVID -19 and Kamla.”

Hosein said Government‘s tax on imported fruit has brought T&T to a situation where “Apple have more than tax than your Apple I Phone.”

UNC MP Barry Padarath who slammed Government’s youth and digitalization plans, said it was presented by a geriatric minister (Fitzgerald Hinds) whose policies were as old as he was. Padarath said Government used the social media TikTok approach to change buzz words and TikTok’s song and dance routine for its façade on other plans.

https://www.guardian.co.tt/news/hosein- ... 174a498c9c

[MG Man]

anybody got old boxing board to sell?
Looking to panel over my house before the property taxists ass with their cameras

[zoom rader]

anybody got old boxing board to sell?
Looking to panel over my house before the property taxists ass with their cameras

Dat doh matter once you look like Kumra Sanu is level tax in your skunt.

Look like kwame in the Beetham and you good to go

[death365]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

[RedVEVO]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

Because residents will pay the tax prompt out of fear

The fear factor has been used to herd peeps like sheep

Even when a proposal by Gov't effects TT peeps $$$ seriously they are sheep .

[zoom rader]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

Pay up or have your house taken away and given away to red Goverment supporters.

These vultures marking ppls homes especially empty prime lots

[sMASH]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

how can u get to live in a million dollar house selling pumpkin, bodi, doubles and chicken roti? they eying those since manning days.

[zoom rader]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

how can u get to live in a million dollar house selling pumpkin, bodi, doubles and chicken roti? they eying those since manning days.

These things need to be kept a secret, you cant explain to the red Goverment supporters on how to save money and run a side line bussiness selling bodi.

[Redman]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

how can u get to live in a million dollar house selling pumpkin, bodi, doubles and chicken roti? they eying those since manning days.

She did it by using the same contractors that was doing all the govt work



https://www.stabroeknews.com/2012/12/23 ... ty-leader/


.

Sunday Express investigations have revealed that Super Industrial Services (SIS), the construction firm that did extension works at Prime Minister Kamla Persad-Bissessar’s residence in Philippine, south Trinidad, in March, also worked on Jack’s TT$2 million house in Hillsborough, Mt St George, Tobago.

In a recent media statement, Jack told the country his home was built by CJ Construction, a company owned by his brother Curtis Jack.

In an exclusive interview with the Sunday Express earlier this month, Jack responded to questions about any SIS involvement in the construction of his home and if the Tobago house was a “gift” from a local contractor.



He denied this, saying he was not “hand-to-mouth” and was solely responsible for building his family a “nice” home.

He also disclosed that he was employed with a Trinidad firm, Phoenix Welding and Fabricating Ltd, one of four jobs he holds, which allowed him to fund his eight-room, two-storey home overlooking the sea, without having to take bank loans.

Internet checks revealed Phoenix is an associate company or subsidiary of SIS—which means Jack was indirectly associated with SIS.



Sunday Express investigations also revealed a construction company trading under the name Casa Contractors Ltd did in fact work on the private residence of the Tobago Organisation of the People (TOP) leader.

Jack is on record as saying CJ Construction, owned by his brother Curtis Jack, was responsible for building his home.

Casa Contractors shares the same trading address as SIS, at #23 Rivulet Road, Brechin Castle, Couva, according to documents received by the Sunday Express.



There is no listing of Casa on the Ministry of Legal Affairs’ Company Registry.

But when the Sunday Express called the number listed for Casa on a list of companies compiled by the National Insurance and Property Development Company Ltd (Nipdec) online, a security officer explained that Casa was a part of SIS.

It is public knowledge that SIS, a known financier of the ruling United National Congress (UNC), was the recipient of several lucrative contracts from the People’s Partnership Government, including the TT$45 million Siparia Market and TT$70 million Couva/Preysal Interchange which Prime Minister Kamla Persad-Bissessar officially opened earlier this year.



Informed sources told the Sunday Express that Casa Contractors joined CJ Construction during December 2010-2011 to complete the job on Jack’s house in Tobago.

One of the workers who worked on the residence, which includes a swimming pool, told the Sunday Express: “There were two contractors, CJ and SIS, who worked on this really massive house.”

He said two crews were operating at the same time.

Told that documents he provided to the Sunday Express made reference to Casa Contractors, and not SIS, the employee insisted that “they are one and the same”.



“The crew from SIS had about 18 to 20 workers and the other one from CJ Construction had about 13,” he disclosed.

The worker, who asked not to be named, said CJ workers were responsible for the basic, more labour-intensive aspects of the job, including bricklaying, while SIS’s crew did the finer aspects of the job, including the plastering and more refined wood and concrete works.

He described the house as oval-shaped and said the two master bedrooms were located upstairs while the other rooms were located on the ground floor.



He also confirmed the SIS-linked company did not advertise its presence by putting up a public sign as is usually the case of many construction firms, who use the opportunity to advertise their business while carrying out a job.

[88sins]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

how can u get to live in a million dollar house selling pumpkin, bodi, doubles and chicken roti? they eying those since manning days.

The question you should be asking is why shouldn't you.

Fun story time.
When I was a young lad, I was holding down a little job, and my salary was 700/week., and I used to save as much of it as I possibly could. Used to hustle on the side after work too, take the occasional evening jobs doing whatever.
After a few months, I bought a 910 bluebird, and the week after I got it, send it for body work and reupholstering, change the rims and I installed the music.
The man I was working for used to drive a royal saloon, and he was frickin stunned to see what I did with 700 a week.
A girl who was working there for 3x my pay, tell him she want to buy a car but can't afford to on her salary. The man point at me and tell she if I could buy a ride and have it looking and working better than his own my salary, she could do the same too and she hadda figure out she business.
But what he didn't expect was for me to enlighten him I tell him, the salt I go suck with a smile to achieve my own goals, not everybody willing or able to do the same so I is not a good example to reference.


Moral of the story
If you want something bad enough and ain't fraid hard wuk and sacrifice, yuh could get it if you willing to work for it.

[shake d livin wake d dead]

E bounce for that moral deh sins

[Gladiator]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

I tell you I spoke to someone who knows a lady working MoF and she said that they pleaded with the Min of Finance to not go after residential but to start with rental complexes and commercial and he outright refused.... but when you have a sadist as a Minister of Finance what do you expect?

[88sins]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

I tell you I spoke to someone who knows a lady working MoF and she said that they pleaded with the Min of Finance to not go after residential but to start with rental complexes and commercial and he outright refused.... but when you have a sadist as a Minister of Finance what do you expect?

If it wasn't clearly obvious before, lemme spell it out for allyuh.


These politicians are nothing more than parasites that do not give a fifth of a fragrant flatulent fowl fanny about anybody but their own.
They see the population as livestock, mindless animals, there for them to put to work for politicians and their financial supporters gain while you suffer, and all the while they ignore your requests for even the most basic of necessities. They do not care whether yuh can or can't pay their unjust taxes that you will never benefit from, they do not care if yuh live or drop down dead. They actually prefer if you dead, ideally before you start to collect your pension.

This is what allyuh choose, this is what allyuh vote for, this is what allyuh asked for, repeatedly, for decades. And that is what allyuh refusing to stand against.
People get the government they deserve. So if you enjoy playing dotish, don't be amazed when they treat you like idiots.

[Redman]

So when is the right time to regulate the largest asset class in the country?

[Redman]

what i dont understand is why did they start with residential and not commercial/ industrial.

give the small man ah ease up

how can u get to live in a million dollar house selling pumpkin, bodi, doubles and chicken roti? they eying those since manning days.

These things need to be kept a secret, you cant explain to the red Goverment supporters on how to save money and run a side line bussiness selling bodi.

Check Eden Gardens.....they inflate land purchases too.

Why pay 52m when you can pay 175m.

Only the UNC /injun / the non P word demographic pay for that....or all of us did?

RC was the lawyer on the Eden heights sales.....and the chair at NGC....and in a shocker...the attorney for SIS.

[Redman]

Not to mention the acquisition of land by the state.

Wouldn’t it great to nail Rohanie......allyuh always complaining...

Transparency in the Real Estate sector benefits all....

[The_Honourable]

Vasant carrying Prakash Ramadhar axe the tax torch...


Join me and say NO to Property Tax!

As our party, the United National Congress, celebrates its 32nd anniversary, I take but 1 minute to reflect.

To reflect on the years' long struggle towards the mud of the Aranjuez savannah, despite facing the storm of Oppression and Abuse , through this common purpose the UNC was born.

Our party has served the Nation, par excellence, providing many firsts. It is my hope that one day soon, through unity and harmony, our UNC can return to Government.

Until then, with the founding principles in my heart, I vow to continue to fight, against poor Governance and social oppressions such as the draconian Property Tax.



Source: https://www.facebook.com/vasantbharath0 ... 664752535/

[paid_influencer]

Vasant carrying Prakash Ramadhar axe the tax torch...

too bad Vasant going to be expelled from the party after the internal election. Maybe he can work on another recovery plan for the PNM.

[Gladiator]

Vasant carrying Prakash Ramadhar axe the tax torch...


Join me and say NO to Property Tax!

As our party, the United National Congress, celebrates its 32nd anniversary, I take but 1 minute to reflect.

To reflect on the years' long struggle towards the mud of the Aranjuez savannah, despite facing the storm of Oppression and Abuse , through this common purpose the UNC was born.

Our party has served the Nation, par excellence, providing many firsts. It is my hope that one day soon, through unity and harmony, our UNC can return to Government.

Until then, with the founding principles in my heart, I vow to continue to fight, against poor Governance and social oppressions such as the draconian Property Tax.



Source: https://www.facebook.com/vasantbharath0 ... 664752535/

Ent tanty Merle and neighbor Wilfred say we need the tax... the PNM Govt has no morney so we need to pay the tax. They vote for it, let them have it.

[Redman]

Dog whistle for days.


By number 2 s logic we should endeavor to earn less....cuz when you earn more you pay more tax.

Well it’s all tooze.
Vasant trying to go down market.....this should be interesting....

[Dohplaydat]

Dog whistle for days.


By number 2 s logic we should endeavor to earn less....cuz when you earn more you pay more tax.

Well it’s all tooze.
Vasant trying to go down market.....this should be interesting....

Wait wtf is point 5 true? 2 years upfront? That's 3k minimum for most home owners.


In a freaking recession where inflation will soon be 20% and unemployment rising?

That's seriously a Mugabe vindictive style tax. Wtf.

Anyone have an example of how they're estimating rental value?

Say a typical 3 bedroom, 2 bathroom home on a lot of land valued at 1.2M?

[Redman]

:mrgreen:

Dog whistle for days.


By number 2 s logic we should endeavor to earn less....cuz when you earn more you pay more tax.

Well it’s all tooze.
Vasant trying to go down market.....this should be interesting....

Wait wtf is point 5 true? 2 years upfront? That's 3k minimum for most home owners.


In a freaking recession where inflation will soon be 20% and unemployment rising?

That's seriously a Mugabe vindictive style tax. Wtf.

Anyone have an example of how they're estimating rental value?

Say a typical 3 bedroom, 2 bathroom home on a lot of land valued at 1.2M?

The way the ARV would be calculated the same way every valuation done in the history of valuations is calculated....according to established guidelines and whatever professional standards govern this calculation.
This gives a decent breakdown
http://www.instituteofsurveyors.com/ow/files/SRMVR.pdf

If it didn’t it would be subject to challenge.


The last valuation on my home,from R and P came in with a rental value of 4% of the valuation.

[paid_influencer]

In a freaking recession where inflation will soon be 20% and unemployment rising?

see this is the part where I disagree with Vasant. We will not have inflation. The demand for goods and services in the overall economy isn't there. The money to sustain higher prices in the economy isn't there. The higher cost of doing business will have to be absorbed.

To illustrate, there was on CNC3 an interview with the boss of one of the gas station companies. They asked him point blank if he believed the floating of fuel prices would result in inflation. The boss responded that several times in the past few years government raised fuel prices and inflation actually dropped.

And he's right - the inflation rate for 2017, 2018 and 2019 is tiny despite steep international price increases and domestic tax increases. Even doubles these days effectively dropping in price - the $2 and $3 doubles have big crowds and the $5 doubles man by me making his bara massive. The flour and channa costs going up globally, but to counteract the drop in demand the cost of the labor - the work of the doubles man - is being pushed into lower prices.

Yes, the cost of doing business is going up, but the real problem is the collapse of demand (both globally and locally). I think we might be on the road to seeing deflation happen as people increasingly keep money in the bank and stop engaging in business activities.

[Redman]

Sadly Vasant is being dishonest.

There is no causal relationship between this tax and WASA.

Wasa rates going up with or without this tax....

He sounding almost as dumb as Kamla.

[matr1x]

Let's cut the BS. The purpose of the tax is to plunder land. And pnm and their cronies have been dishonest